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dc.contributor.authorLindquist, Kjersti-Gro
dc.date.accessioned2012-02-05T18:17:23Z
dc.date.available2012-02-05T18:17:23Z
dc.date.issued1998
dc.identifier.issn1892-753x
dc.identifier.urihttp://hdl.handle.net/11250/180465
dc.description.abstractThis paper analyses how changes in market structure have affected the margins (measured by the Lerner index) of Norwegian aluminium plants. Instead of showing the expected negative trend, due to increased competition internationally, the margins are found to move procyclically around a constant that significantly exceeds zero. Three explanations for this stability in the levels of the margins are identified; a better exploitation of scale economies, increased productivity and product specialisation which allows Norwegian producer prices to increase more rapidly than the international reference price. Keywords: Lerner index, Translog cost function, Aluminium industry, Differentiated productsno_NO
dc.language.isoengno_NO
dc.publisherStatistics Norway, Research Departmentno_NO
dc.relation.ispartofseriesDiscussion Papers;No. 237
dc.subjectAluminiumno_NO
dc.subjectNorwayno_NO
dc.subjectPricesno_NO
dc.subjectJEL classification: C23no_NO
dc.subjectJEL classification: D21no_NO
dc.subjectJEL classification: D43no_NO
dc.subjectJEL classification: L61no_NO
dc.subjectIndustri
dc.titleThe response by the Norwegian aluminium industry to changing market structureno_NO
dc.typeWorking paperno_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210::Economics: 212no_NO
dc.source.pagenumber27 s.no_NO


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